payment solutions

• SELCO Community CU Buys Stake in Card Processing CUSO

  By Michelle A. Samaad  |  May 9, 2013

  The $1 billion Oregon credit union began processing its debit, credit and ATM services with Seattle-based MAP in 2011.

• Visa Policies Further Complicate Debit Card Interchange Economics in the Post-Durbin Amendment World

  By David Morrison  |  April 10, 2013

  A new policy and fee structure from Visa are having a significant impact on the already complicated debit interchange market and, in some cases, are making that market more difficult for credit unions to navigate, according to payments executives.

• ACI Completes Takeover of Online Resources Corp.

  By Marc Rapport  |  March 11, 2013

  New owner claims added strategic bill pay capabilities, broadened online banking portfolio; promises continued support and R&D.

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  Trailblazer Award: IT Executive Chad Graves Takes Holistic Approach

  By Marc Rapport  |  February 27, 2013

  Like many executives, Chad Graves begins his day by reading The Wall Street Journal, USA Today and his local newspaper. Only Graves is not a CEO or CFO, he’s the chief technologist at Ent Federal Credit Union.

• New White Paper Offers Mobile Guidance

  By David Morrison  |  December 13, 2012

  CSCU-First Annapolis Consulting document details how and why to deploy.

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  CU Best Practices for Global Payments: Guest Opinion

  By Bob Dowd  |  November 21, 2012

  Credit unions often find it difficult to provide international payment services to their members, the demand for international drafts, wires, international ACH and encashment of foreign receipts grows daily as global trade becomes an increasingly important part of business for companies and individuals.

• CO-OP, The Members Group Launch Partnership Marketing Initiative

  By Peter Strozniak  |  October 15, 2012

  Payments, cards services providers formed partnership earlier this year.

• People in the News

  By Staff Writer  |  September 17, 2012

  Hirings, promotions, career moves.

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  Bob Bream to Retire from FIS at End of 2012

  By Marc Rapport  |  September 12, 2012

  Longtime industry executive had been CEO at Jax Navy and United Airlines Employees before joining card processor Certegy in 2002.

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  As P2P Payments Grows, Revenue Potential Still Elusive

  By Robert McGarvey  |  April 15, 2012

  With the number of members who have opted not to conduct transactions with paper checks continuing to grow, St. Cloud Federal Credit Union knew it was time to make a change.